Vale, originally known as Companhia Vale do Rio Doce (CVRD) and headquartered in Rio de Janeiro, is one of the world’s largest mining companies, present in more than 30 countries around the world. The Brazilian multinational corporation specializes in the mining and production of commodities such as nickel, copper, iron ore and pellets, and manganese and ferro-alloys. The company is also engaged in steelmaking, logistics, and energy production.
amounted to 8.1 billion U.S. dollars in 2023.
Vale's financial standing
Today, the company is one of the most
valuable brands in the mining industry, with a brand value of over three billion U.S. dollars as of 2024. It has operations spread across five continents, with administrative offices and operational units connected by advanced transportation and logistics systems. In 2023,
Vale’s total workforce amounted to approximately 66,807 employees. In the same year,
Vale's revenue amounted to roughly 41.7 billion U.S. dollars. The largest share of
Vale’s segmental revenue by far came from its Iron Solutions segment , whereas China was the region with the highest profit.
Vale's main mineral commodities
Focused on the extraction of minerals,
Vale is the world’s largest producer of iron ore and pellets, as well as a
leading producer of nickel, and copper. In 2021, Vale sold its coal assets and ceased its production of the fossil fuel mineral that year.
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